Business Scene
Petrol prices may hit N1,000 per litre — Dangote
Dangote Petroleum Refinery has warned that the price of petrol may rise to N1000 per litre if the country continues...
Treasury Bills auction hits N4.59trn, with 300% oversubscription
Nigeria’s Treasury Bills (NTB) market recorded a significant rise in investor demand at its latest auction, with total subscriptions hitting...
Nigeria inaugurates economic strategy to harness $7.7 trillion global halal market
President Bola Tinubu on Thursday inaugurated Nigeria’s National Halal Economy Strategy to tap into the $7.7 trillion global halal market...
NCC, NSCDC warn builders over fibre damage
The Nigerian Communications Commission (NCC) and the Nigeria Security and Civil Defence Corps (NSCDC) have warned construction firms over rising...
Equities market gains N1.27 trillion
The stock market continued with its positive trend as investors recorded N1.268 trillion gain on Thursday. This uptrend was driven...
NRS stops road tax credit scheme
Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, says the agency has discontinued the road infrastructure tax credit scheme....
NNPC in talks with Chinese firm to revive refinery
Nigeria’s domestic refining capacity could receive a fresh boost as The Nigeria National Petroleum Company (NNPC) Limited says it is...
Discos lost N72.86 billion to unbilled power in November – Report
Commercial performance data released by the Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies failed to bill...
CBN to launch open banking roadmap in three months
The Central Bank of Nigeria (CBN) has revealed plans to issue an implementation roadmap for Open Banking within three months....
Nigeria saved over N6 trillion from reduced fuel imports in nine months – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that Nigeria saved over N6 trillion from reduced petroleum...